To little surprise, Hillary Clinton’s donors are just as scandalous as she is. We reported recently that 20% of her campaign funds come from Saudi Arabia, and even her domestic backers aren’t much better.Via The Hill:
A super-PAC backing Hillary Clinton has accepted $200,000 in donations from a company holding multiple contracts with the federal government — despite a ban on such contributions.According to a review of contributions by The Hill, Boston-based Suffolk Construction made two contributions of $100,000 to Priorities USA, which is backing the presumptive Democratic presidential nominee.
At the time it made the contributions, Suffolk held multiple contracts worth $976,560 with the Department of Defense for maintenance and construction projects at a Naval base in Newport, R.I., and the U.S. Military Academy in West Point, N.Y., according to the government website USASpending.gov.
Suffolk — which, by Forbes’s estimate, brings in some $2 billion in revenue annually — also donated $10,000 in 2015 to Right to Rise, a super-PAC that supported Republican Jeb Bush’s now-defunct presidential bid.The donations from Suffolk highlight how a 70-year-old campaign finance law meant to prevent pay-to-play deals between public officials and companies making money from the government is often ignored by those making the donations and those on the receiving end.
The two contributions, one made in July and one in December, came during Clinton’s presidential primary battle with Bernie Sanders, who rose to prominence partly because he railed against super-PACs and the wealthy donors who fund them.
According to The Hill, this law is rarely enforced however, as “donors face little chance of being penalized by a Federal Election Commission (FEC) that is so divided between its Republican and Democratic members it has proved incapable of deciding even the most basic questions, such as whether to investigate complaints.”Not like it would matter regardless — anyone breaking the law for her would probably get use of her Get Out Of Jail Free *Gold* Card.
[Note: This post was authored by The Analytical Economist]